Dropping The 52 Week Low, BAT GROUP ORD (Nasdaq:GLG) Finishing At $0.47

BAT GROUP ORD (Nasdaq:GLG)

June 12th, 2019

Amidst falling markets BAT GROUP ORD fell ($0.08) Wednesday, down 13.94%, closing at $0.47. As well as the drop in value, BAT GROUP ORD hit a new 52 week low of $0.45. BAT GROUP ORD bounced 22.22% between high and low. Be aware that the Piotroski Score1 is calculated to be 2, which is very low as the scale goes from 0-9. This is considered to be a weak score in terms of financial strength.

GLG was outperformed by the rest of the Financials sector which went down only -0.95%.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending up. Utilities saw the biggest increase of the day (1.33%), while the Energy sector saw the biggest drop (-1.44%). Information Technology has seen the biggest year-to-date gain of 23.77%.

Energy and Financials saw turn-arounds from their five day positive performances with Energy dropping -1.44%.

Sector Breakdown

  • Utilities, up 1.33%.
  • Healthcare, up 0.51%.
  • Materials, up 0.31%.
  • Real Estate, up 0.26%.
  • Industrials, up 0.20%.
  • Consumer Staples, up 0.04%.
  • Consumer Discretionary, down -0.11%.
  • Communication Services, down -0.28%.
  • Information Technology, down -0.58%.
  • Financials, down -0.95%.
  • Energy, down -1.44%.

BAT GROUP ORD Info

China Bat Group, Inc. engages in leasing used cars to individual and corporate customers under the Batcar brand name in Beijing, Tianjin, and Hebei. It also rents cars to other auto rental companies at a discounted rate, as well as provides car pooling services. The company was formerly known as China Commercial Credit, Inc. and changed its name to China Bat Group, Inc. in January 2019. China Bat Group, Inc. is headquartered in Beijing, the People’s Republic of China.

All amounts in USD unless otherwise indicated

(1) The Piotrosky score is used to determine the best value stocks with nine being the best and zero being the worst. It is based on specific aspects of the company’s financial statements, such as positive net income, operating cash flow and asset turnover ratio. A score 0 0 is the worst (BAT GROUP ORD’s score is 2), and 9 is the best.

GLG daily update
GLG daily update

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